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Janus Henderson Global Sustainable Equity Fund highlights Micron after surge
Micron Technology shares closed at $904.28 on July 15, 2026, after returning more than 240% in the quarter following results that reinforced memory demand for AI infrastructure.
Janus Henderson Global Sustainable Equity Fund, an investment management product, published its second-quarter 2026 investor letter highlighting Micron Technology as part of its focus on companies tied to long-term trends, including AI infrastructure buildout. The fund reported a 16.17% return in the quarter, outperforming the index’s 13.16% gain and the peer group’s 12.98% rise. It pointed to an overweight in information technology, particularly AI infrastructure, as a key driver, while underweight positions in energy, materials, and consumer staples also supported performance. In the letter, the firm said Micron contributed among the largest positive contributors and noted that it added Micron to the portfolio toward the end of 2025. It attributed the stock’s sharp rebound to results that it said reinforced the strategic importance of memory for AI infrastructure. The investor update said Micron’s shares returned more than 240% during the quarter, helped by stronger pricing, improving demand, and a more constructive outlook as memory demand continues to outpace expected industry supply additions. It also referenced growth tied to high-bandwidth memory for AI applications.